Refinancing Mortgage Lenders - Commercial loan refinance and acquisition are provided by this commercial lender with mortgages ranging from $200,000 to $90 million. Construction loans are available above $6 million for shopping center projects with significant pre-leasing. The mortgage terms range from 5 to 15 years with a maximum amortization of 30 years . Very competitive rates are available, the 90% LTV rates are higher than 80% LTV rates. Rates on loans below $3 million are higher than rates on loans above $3 million.
Shopping Center and Strip Center Loan Programs Matrix Mortgage International uses four mortgage programs, some as a direct lender and some as a correspondent. (1) The first program has a maximum of 90% LTV for a wide variety of property types. The loan size range for this portfolio lender is $200,000 - $10 million. This program lends nationwide and has a minimum FICO score of 625. The interest rates in this program are higher than in the other programs. The property types included in this program include anchored retail, unanchored retail, and shadow anchored retail. High Leverage Loans and SBA |